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Nov 30, 2012 6:30pm PST
feet of starbucks and many others, to do so will restore balance to the permitting process and in the confidence that the interpretation of rules is consistent. the items that i wanted to address, like for like density, radius clause and the bathroom access and adequate notice. like for like, in the hearing of march 28th, mr. hearing officer kevin day found for each of the two remaining sites, i quote, paragraph d, sentence, there are no like foods espresso within 300-foot radius of 84 second. this opinion, closed quotes, this conflicts with the facts that that the 50 restaurants on second street corner serve coffee. the important distinguishing thing here about like for like is that 8 percent of the sales in the morning before 10:00 o'clock are coffee. that all of these quick service restaurants. and so, anybody. >> eight or 80? >> 80. >> 80 percent, is coffee before 10:00 o'clock. and people are coffee addicts i got to have my coffee. so therefore, a truck on the street, selling coffee is in direct competition or like for like. the radius clause, there are six of these restaurants w
Dec 4, 2012 11:00pm EST
something's brewing. alongside its coffee for year, could concerns about starbucks move into tea mean it's time to lay off the caffeine, or is this your chance to fill up your cup before these shares really get percolating? cramer's grinding through the facts. plus, rise above. while washington trades offers, cramer's keeping you one step ahead of the fiscal cliff fiasco. tonight, a read of the regionals from the ceo of citi national bank. find out if you should be making a deposit. all coming up on "mad money." >>> don't miss a second of "mad money." follow@jimcramer on twitter. have a question, tweet cramer, #madtweets. give us a call at 1-800-743-thchlt. >> announcer:. miss something? head to "mad money" >>> with the fiscal cliff looming less than a month away you might think certainly sectors would be getting hammered right now. not the obvious ones like defense. given the defense budget will be cut dramatically if our leaders don't reach a compromise, take retail. if we go over the cliff, something i've been telling you as of this week, more likely by the day, not less, that
Dec 6, 2012 10:00pm PST
prevent the opening of yet another starbucks. >> mother nature offering us a break tonight. there is nothing, zero rainfall on high def doppler. we're coming up on a weekend. will it stay dry for saturday and sunday? here's a live peek outside. we'll see if the forecast looks good. america" label is the latest thing from apple. the silicon valley giant is aboo spend millions to begin makg computers in the >>> a made in america label is the latest thing from apple. about to spend millions of dollars to begin making computers in the united states. len ramirez on how the company is trying to tap into a hot new consumer trend. >> reporter: apple fans love their iphones. ever look at the fine print? it says designed by apple in california, assembled in china. all apple products are made in china. that's about to change. ceo tim cook announced starting next year one line of computers will be designed and built in the usa. >> i think it's a big surprise. >> reporter: cnet says with one line of macs and not the iphone or ipad, apple is not taking a huge risk. >> for apple to say this is some
Dec 4, 2012 6:00pm EST
edition of off the charts and later, some thing is brewing. starbucks is serving up returns alongside it's coffee for years. or is this your chance to fill up your cup before these shares get percolating? plus rise above. while washing to be trades offers cramer is keeping you one step ahead. tonight he is getting a read on the regionals. find out if you should be making a deposit coming up on "mad money." >>> with the fiscal cliff looming less than a month away. you would think that some would be getting hammered right now. and i'm not just talking about defense. think retail. if we go over the cliff, something that i have been telling you as of this weekend. that will deal a huge blow to the purchases power of most americans think about it. tax rates go up. >> boo. >> the payroll tax holiday goes away. unemployment benefits expire for most people and that is not even accounting for the layoffs. put it together, unless we get a deal, which won't be bad news for the single biggest consumer out there, retail. >> you would expect the whole retail cohort to be in trouble. things will get a wh
Nov 30, 2012 7:00pm PST
, there actually happens to be a starbucks on the ground floor where there is typically three or four people as late at 9:00 in the morning which is close to where they are closed for business. so clearly there is not a very significant impact there. this often there is quite a long wait for a cup of coffee and other food products there. i felt that they are organized and very clean at that location. that egress is blocked in the alley and people are very polite and no more than 3 or 4 folks cued up. i don't see how this additional choice of a fine cup of coffee is going to have a detrimental impact to established brick and mortar businesses in the neighborhood. >> thank you. >> thank you. >> next speaker, please? >> good evening. my name is paul ionion and i was also here months ago as an appellant and i am kind of dumb founded that we have to come back here again to deal with the same matter all over again. i own a deli, on california street for the last 35 years. and i have never had to work harder or longer hours to maintain my position and care for my family and be able to pay my
Dec 7, 2012 4:00am PST
buy: starbucks or green mountain? and, should unions become the high hope for low wage workers? first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning on this jobs friday. it's december 7th. i'm angela miles. in today's first look: the unemployment numbers. the market expects 90,000 jobs were added to payrolls in november and the unemployment rate will inch up to 8%. stocks and gold rallied ahead of today's numbers on jobs. however, oil slid more than $1 due to a growing supply of gasoline. netflix ceo reed hastings has received a wells notice from the sec. it reportedly has to do with information disclosed on his facebook page. also, according to reports, the washington post may be closer to charging customers to read artcles online. tim mulholland of china-america capital joins us on this jobs friday. tim, we are being told there could be a murky jobs number because of hurricane sandy. what do you think about that? > > i think the market will dismiss a weaker-than-expected number because of hurricane san
Dec 1, 2012 4:30am PST
more for plain black coffee, none of that fancy flavor, any special milk? starbucks is hoping you will, and we're trying to find anyone who will buy it. >> yeah. none in here. but first, if starbucks coffee isn't your thing, maybe it's time to take a trip to paris. that's where we find our alina cho in this week's travel insider. >> reporter: i lived in paris during college, so going back always brings back memories. one of my favorite things to do, then and now, sit outside and sip espresso or a glass of wine at a cafe. the french invented the concept. this cafe on the left bank is my pick and if you've never been to paris take an afternoon on a sunny day and ride the bateau mouche, the large sight-seeing boats are open air and allow you to see the entire sea by sea. for art, the museum that houses spectacular pieces by monet and for shopping, head to the merchandisian avenue of paris, and then grab your walking shoes and head to the champs-elysees, walking all the way up to the arc de triomphe and back down is a great way to work off a meal. and speaking of food, don't forget to
FOX Business
Dec 23, 2012 2:30am EST
mcdonalds is a service business like dennis and starbucks. they have to be open when people want to get serve that includes christmas day. it is it important to keep in mind to incent vise. they might offer time and hamful and not only ask them to but require it >>alt the same time mcdonalds was founded on principle to give them time off with their families. are they changing that . >> it is it a worrs preogative to work anywhere else. there are not that many jobs in the economy. if you have a job be thankful. >> congress may be taking t time off. but mcdonalds had earnings that are down . staying up on christmas to me is something they should do. >> numbers are there. malia . aolt of mcdonalds that opened on thanksgiving day booked profits and that was a lot of revenue for the mcdonald's franchise. does that mean they should bring in the revenue and for e company? >> it is better for the company, but i agree that time and half, giting an extra shift as much as we would like everyone to enjoy the holiday season, i think that a lot of the workers they know are excited to get the extr
Dec 5, 2012 11:00pm EST
. police say someone tried to blow up an atm machine. >> starbucks can be expensive and not. we will tell you what the company wants you to spend $400 this holiday season. on one item. >> the showdown over the fiscal cliff. a new poll suggests president obama has the american people's support when it comes to taxing the wealthy. this poll shows nearly half of those surveyed once bush eras tax cuts to expire for those making more than $250,000 a year. the poll was taken last weekend. the questions did lean more to the men -- to the democratic party. eric cantor says republicans want to sit down with the president and talk specifics. president obama spoke with business executives, calling for a balanced approach combining taxes with cuts. the president rejected a gop counter offer, which targeted government cuts but did not add any new taxes. if the deal is not reached by january 1, everyone's taxes will go up and automatic spending cuts will go into affect. >> starbucks makes news for two reasons. why they want you to spend $450 this holiday season for one product. >> a would-be thief
Dec 6, 2012 6:00am EST
starbucks on every corner. get yesterdayy -- get ready for more of that because the coffee chain is expanding. >> heading to the break, have you ever wanted to smell like your favorite food. pizza hut has released its own perfume. they asked facebook fans what they would name a pizza hut perfume. by the way, it is called pizza hut perfume.  >>> welcome back to fox 5 morning news. you may soon start to see even more starbucks on the corners. we'll have more on that in just a moment. let's take a look at the markets. lauren simonetti is live in new york with this morning's business beat. good morning to you. >> good morning. >> let's talk about the dow takes a jump and nasdaq takes a slump. what is going on here? >> well, the dow and the s&p rallied for the first time this week yesterday and they are up again this morning. so there is the good news. but the nasdaq hay big problem. that was apple. a six plus percent decline in apple shares. that was the biggest decline in four years. that weighed on the tech heavy nasdaq. issue right now is a research report saying t
Dec 10, 2012 4:30am PST
how much money was taken out. >>> starbucks -- [ unintelligible ] >>> a pacemaker for the brain scie >>> new starbucks card is hot. the card that originally sold for $450 is going for more than $1,000 on ebay. the limited edition comes preloaded with $4 for use in starbucks stores, starbucks is making only -- 5,000 available. i sometimes give coffee cards, gift cards for christmas. that one, i'm sorry, you know -- i love you dearly but i'm not getting that for you. >> you want to talk to your broker before you pay $1,000 for a $400 card. >>> gorgeous to be outside today, practice, working in the yard, putting up decoration or getting to and from work and school by the afternoon you are not going to need heavier coats, you may wear this morning low 60s around antioch, warm 68° in santa rosa, the warm will spread to the coast because of offshore wind. doppler over the entire state dry storm track so far north it doesn't show up on the radar. 60s everywhere except 51 tahoe 54 yosemite, 72 l.a., 70 palm springs. >>> stall incline section past the metering lights and toll bay bridge
FOX Business
Dec 3, 2012 11:00pm EST
. sides u.s. companies like microsoft, and amazon, and starbucks of dodging taxes in the u.k., but all 4 companies are saying what they are doing is legal, and by british financi law, went their rights it is british government's fault for not osing the hoop holes that many of the companies are taking full advantage of. good to have you. >> thank you. neil: what do you make of this? >> put it this contact, for the moment, britain. david cameron came into power. neil: they are sweating a lot. >> they instigated deficit reduction it has been tough times, britain with a double dip recession this year, so, it is all about shared sacrifice, everyone from the queen, doing their bit. neil: does the queen sacrifice? >> she seen as not taking -- but all about everybody on the budget. then you have starbucks that found out, you can't move the starbucks in britain, taking away a lot of traditional british tea shops have you starbucks. it has moved in over a third of coffee shops are starbucks. past 14 years starbucks paid lesser than 1% in corporate tax rates. neil: in britain. is it legal? >> it is
Dec 6, 2012 4:55am EST
that's not. starbucks' lovers your barista is going to ask you if you want to pay for the monohot latte with cash, plastic or steel. that's their new superpremium gift card and report says the company is releasing the starbucks metal card which costs $450. it's loaded with $400 in credit. that's a lot of cough foe. it costs another $50 to make the card. starbucks' members say they can start buying that card today. everybody else has to wait until friday to spend their $50 on a steel gift card. and it is being sold through >> now $400 worth of coffee -- on one card. that would be about a week for us right? >> it'd be expensive. >>> looking for a place to spend it. a new store coming to the area? starbucks plans to open 3,000 more stores during the next five years with at least half of them in the u.s.. as of october of last year they reported nearly 11,000 locations in the u.s. and another 6,000 around the world. china plays a big role in starbucks' expansion plans. coffee chain hopes to have 1500 stores in china by 2015. >>> we all love the smell of pizza just out of the
Dec 6, 2012 12:00pm EST
case, and he says he would like to go back to the wraits. >>> lattes, skoenz. starbucks has thousands of stars in the americans, but it's also investing in china. how china is quickly becoming the company's fastest growing market, and why star buck has agreed to pay more tacks in the united kingdom. nded back in 189, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ >>> responding to a public outcry from across the pond. starbucks executives says the coffee company will pay more taxes in the company starting next year. the payments will amount to about $16 million u.s. starbucks along with google and amazon have been using legal loopholes to minimize their corporate taxes in britain. execs of all three companies recently got a public -- >> despite the fact that starbucks, how much money it makes. it's kind of like
Dec 6, 2012 6:00am EST
... it could someday make its way south. coming p... a starbucks giftt.. worth hundreds of dollars.the unusual product beiig sold... to a sslect few customers. operator: hello good morning king dward v11 hospital: presenner: oh hello there, could i please speak to katt, kate,and some people will do of kate middleton's private that's causing outrage around the're watching xoxo3 how long would it take you to starbucks? as eeizabeth corridan explains... if santa ps extra good to you this year... you might just get a chance to find out. 3 this holiday season, starbucks is offering a ift card that will certainly stand out in your wallet -- it's made of etched stainless steel. and the price tag will perk you up faster than a cup of coffee -- 450-dollars! according to u-ssa today, the card itself costs 50-dollars to make. it comes preloaded with 400-ddllars to spend at starbucks. the ppper estimates it could buy you 205 grande cups of brewed coffee...or 19 exclusively at tte luxury sold - ggods site, gilt-dot-com. only a starbucks exec tells u-s-a today, sooe stores will nevvr pn sa
Dec 5, 2012 5:00pm EST
. investors are in the china, asia pacific region. they remain inline. yum, starbucks though ended the day down by nearly a percent while the rally at green mountain continues. which stock would you rather own. matt tweeted green mountain all the way. starbucks will be troubling if the economy falls down. last week i think starbucks is the best stock to own although they're busy all day long. russ says i like starbucks for its cult-like following. technicals look like garbage. green mountain has gained 64% over the past month. a reoccurring question on twitter, is this sentiment driven or are there fundamentals you've seen on gmcr? hopefully we can get them to answer right here. mike, what do you say? >> you know, it's interesting. we've seen some bearish activity for a couple of days with starbucks going into this. we saw more of that today. we have a little bit of a valuation problem. green mountain we've seen a little more bullish activity. i have to say i'm not overly optimistic about either one of them. >> are we talking about greep mountain? >> yes. >> remember the day had a we said
FOX Business
Dec 27, 2012 12:00am EST
: how about an extra shot of advocacy with your morning latte? starbucks brews up a bold campaign to get a deal done on the fiscal cliff. details are coming up next. you can never have too much money and a damn good cup of joe. ♪ . ♪ . adam: not so beautiful if you're caught in a blizzard hitting part of the country but that's another story. time for a little fun with spare change. we are joined today by fox ne contributor julie roginsky and our ownennis kneale. first up, if you love country, i don't know if you guys are starbks people -- >> i am. adam: dennis are you starbucks? too bitter. >> you're too sweet. adam: starbucks wants to send a message to lawmakers, notice i ignored that one. message to lawmakers about the fiscal cliff. they're using coffee cups to do the job. the ceo at starbucks is urging starbucks workers and employees in the washington, d.c. area to write on the cups, come together, come together right now. i guess quoting the beatles. thursday and friday. dennis, what do you think?. >> that should fix it. that's all we needed. either conjures up very old beatl
Dec 26, 2012 6:00pm EST
. >>> starbucks is taking a stand on the fiscal cliff. the chain's ceo is asking stores to write "come together" on the coffee cups they sell tomorrow. starbucks says workers are not required to write the message though. >>> there is a positive sign for the economy that housing is rebounding. home prices were up more than 4% in october compared to a year ago. that's the biggest percentage gain in more than two years. despite increase home price are still down 29% from the peak in june of 2006. >>> it's become as much of a seasonal shopping tradition as black friday, the day people return gifts and look for a better deal. >> reporter: earlier today it looked and felt like the day after christmas with the falling snow and people in their cars sloshing their way to the stores in the mall. >> my aunt gave me a gift card to macy's. i was going to see what they have. if there's something i like, i will get my mom to buy it. >> i don't have any returns. >> i'm returning my coach purse because i'm getting a different color. >> reporter: for many stores, despite slushy weather, the business was
Dec 31, 2012 12:00pm EST
with starbucks, with dunkin, they just signed one with costco, are multi-year. i'm not worried about starbucks taking the business. i still think it is attractive. when i'm comfortable with the market, i'll go back to the stock. >> josh, what's the problem? >> short interest in itself is not a catalyst. there's a huge squeeze in the stock. they came out with better-than-expected earnings. when you have celebrity positions in a company, the pendulum swings too far in both directions. it probably was below sub-20. i can't make a case above 50. hedge funds do every trade that he does, so here's the bottom line. you still have -- >> you know where they stand in fairness. they don't come out to say we are out of it, they just tell you when say this are in it. >> short position aside, starbucks is a huge issue for this company. forget about the partnership, that's meaningless. starbucks is basically selling k-cups but now starbucks has a device. so it is not just about, hey, we are a partner. we are a partner and competitor. i promise you starbucks doesn't get into a business like this to
FOX News
Dec 27, 2012 10:00pm PST
having me. >> anytime. straight ahead. starbucks is serving more than cream and sugar with their coffee. your next cup may come with a side of politics. that's next. and newt gingrich is famous for his ringtones. how did dancing queen get the enter into trouble again? it's all caught >> could this be just the jolt lawmakers need? starbucks starting its own campaign, trying to push congress to come together and avoid that fiscal cliff. so what is starbuck's plan and what do customers think about it? nick hit the ground in washington to find out. >> greta, as the clock runs out on the looming fiscal cliff, one would think the last thing you want to add to the folks up on capitol hill is another cup of caffeine to their already anxiety-ridden nerves. but that hasn't stopped starbucks from brewing up a cup campaign to get our leaders to come together literally. at all of the starbucks stores here in washington like this one in the shadow of the capital, they are scribbling that phrase come together on every cup. a message directed solely at congress and president obama. >> i hope the
Dec 6, 2012 6:00pm PST
. >> why a bay area neighborhood is fighting so hard to stop a new starbucks from moving in. >> and an exciting night in the bay area with the official lighting of the san francisco christmas tree. good evening, i'm roberta gonzales with mobile weather as eyewitness news continues right here on cbs 5. people are stuck in very old habits of using toothpaste to clean their denture. but dentures are very different to real teeth. they're about 10 times softer and may have surface pores where bacteria can grow and multiply. polident is specifically designed to clean dentures daily. its unique micro-clean formula kills 99.9% of odor causing bacteria and helps dissolve stains, cleaning in a better way than brushing with toothpaste. that's why dentists recommend polident. [ male announcer ] polident. cleaner, fresher, brighter every day. [ male announcer ] polident. [ traffic passing ] ] ♪ [ music box: lullaby ] [ man on tv, indistinct ] ♪ [ lullaby continues ] [ baby coos ] [ man announcing ] millions are still exposed to the dangers... of secondhand smoke... and some of them can't do any
FOX News
Dec 27, 2012 7:00pm PST
year to you. thank you for having me. >> anytime. straight ahead. starbucks is serving more than cream and sugar with their coffee. your next cup may come with a side of politics. that's next. and newt gingrich is famous for his ringtones. how did dancing queen get the enter into trouble again? it's all caught on camera. you have to see this. coming up. the boys use capital one venture miles for their annual football trip. that's double miles you can actually use. tragically, their ddy got sacked by blackouts. but it's our tradition! that's roughing the card holder. but with the capital one venture card you get double miles you can actually use. [ cheering ] any flight, anytime. the scoreboard doesn't lie. what's in your wallet? hut! i have me on my fantasy team. >> could this be just the jolt lawmakers need? starbucks starting its own campaign, trying to push congress to come together and avoid that fiscal cliff. so what is starbuck's plan and what do customers think about it? nick hit the ground in washington to find out. >> greta, as the clock runs out on the looming fiscal cl
Dec 26, 2012 6:00am PST
including vehicular manslaughter while intoxicated. coming up on the kron4 morning news at starbucks makes a political statement with its cups. what is it trying to prevent from happening in washington? heading to the tahoe area vernier's we can? we have new information about conditions in the area you will want to know about. and happy birthday to muni. ! what it's giving you for its 100th year of service.... >> 6:09 a.m. is the time and you may want to sell up as we continue to watch gas prices across the bay area. the average price per gallon of regular gas is $3.60 in san francisco this morning. in the south bay the price is $3.48 today in san jose. across the bay in oakland, the average is $3.49. this all compares to the state average in california at $3.52. starbucks is launching a political campaign this week it helps to get the ball rolling on at averting the fiscal cliff. in a letter to starbucks employees made public this morning, chief executive howard schultz ask employees at its approximately 120 d.c. area stores to write come together on coffee cups when serving custome
Dec 5, 2012 6:00am PST
jolt for starbucks, new plans just here you go little man. [ humming ] [ babbling ] the cheerios bandit got you again? [ both laugh ] ♪ the one and only, cheerios ...and now... you! [ giggles ] ♪ the one and only, cheerios >>> welcome back. 6:15. sacramento and ward streets where they intersect in berkeley, light to moderate rain for the better part of the last two hours be prepared as you head out. live doppler 7 hd, you can see that wall of light to moderate rain moving through the heart of the bay and moreover the coast ready to move across the peninsula and -- head towards the east bay shore this is going to taper but this morning you've got to be careful this is when the heaviest of the rain scattered showers and low to mid 60s this afternoon next three days drying trend slightly cooler but you will love the sunshine. >>> report released overnight predicting impact of prop 30 on the state's economy. katie marzullo is live in the newsroom with that and the housing news. >> reporter: the new economic forecast from ucla has lukewarm predictions for california jobs and personal inc
Dec 12, 2012 6:00pm PST
in marchguáñ+ and november they -- starbucks as if they don't matter. this is starbucks objection$ letter andÑ%( úf they also claimed there was only one p competitor -- # muffins. muffins is 270 feet away and objected. three, in march public works said they would check coffee in the neighborhood. in approximate%m learned public completed a thorough study. f9tqÑey concluded novmk,"u similar product exists and5gklzó we can't understand how. this is=2 it only mats starbucks andañk,,a pete's. compare the study. '!f four many businesses were not notified. and.q addresses that do not&p where the truck will royal exchange on front objects. they were not notified and they strongly object. coffeeç!.o closet on front and sack is 300 feet and.ubhbw was notified. their application for; h%( js a -- includedm.c the and they claim they will add to the tax basevd exempt. please revoke this permit because they have not told the truth and we have given you newtfg: evidence.o::ñc anb@i$$(u+hjt thÇ photoz79k,m >>!,úa commissioners, do you want to accept thea. photos? >> vice pre
Dec 5, 2012 6:00pm EST
come from citi's consumer banking unit. >>> do you think there are enough starbucks out there? apparently not. the seattle-based coffee chain plans to open 1,500 cafes in the u.s. over the next five years. there are already 11,500 starbucks in the nation and starbucks says it will have more than 20,000 stores around the world by 2014. >>> every now and then we hear about an invasive species that gets out of hand. that's the situation in mount rainier, maryland. one neighborhood is so plagued by bamboo that they're hoping to ban the stuff from the city forever. scott broom is in mount rainier tonight with some unbelievable bamboo pictures. >> reporter: bamboo, an asian import invasive species that's become a plague in mount rainier, maryland. it's the most bamboo infested city in the state. you had a term for it. what did you call it? >> the devil's weed. >> reporter: well known dramatic actor bus howard is under siege at wit's end. >> we had a garden and all of it and now it's nothing. >> reporter: you see this root action? >> see how gnarly that looks. this thing actually loo
Dec 4, 2012 1:00am PST
street near church. i had heard there is a starbucks planned for the southwest corner of market and sanchez where there is sort of a kitchen supply company now. this is nuts. we have enough starbucks and we have pizza in the same block and pizza is much better than starbucks anyway. so, i just wanted to go on the record saying that. >> is there any additional general public comment? okay. seeing none, next item, please. >> commissioners, it will place you under your regular calendar, item 12, western soma community plan - informational discussion - no. 3. this is an informational item only. >> garv, president fong, commissioners. cory teague for staff. this is the last scheduled information hearing for western soma before the adoption hearing next week on december the sixth. this is a little unlike our previous informational hearings in that we do not have new materials for you to review for this session. it's at the request of the president to allow time for additional discussion and comments on any issues that are unresolved or so far today have not been thoroughly discussed. so,
Dec 27, 2012 5:00am EST
involving tax reform in a matter of days. >> serious doubt is setting in. even starbucks is getting involved. john boehner said he is sitting this round out. >> i think that john boehner is being controlled unfortunately by the right wing pickwick that leaves it up to harry reid and the rest of the senate to find a solution. the plan would avoid tax increases and would eliminate some big spending cuts and restore unemployment benefits. >> you are likely to see a two- step process. >> without a deal, bush era tax cuts will expire on january 1. congress set up the deadline hoping it would force a compromise. so far that has a compromise in. also flyback will be brian schatz. he will be replacing daniel inouye and will likely be sworn in later today. danielle leigh, wbal-tv 11 news. >> with the new year comes new state laws. >> kim dacey has more on what to expect. >> on tuesday, a dozen new state laws will go into effect. some were highly discuss. one allows gay couples to marry as of january 1. baltimore city elections will now be held in the same cycle as the presidential elections.
Dec 7, 2012 6:00am PST
amount of the damage payments set in august. >>> starbucks executives will pay 20 million pounds in corporate tax to the british government. lawmakers are accusing the u.s. coffee chain of tax avoidance. officials of the chain announce it will pay 10 million pounds, or about $16 million each year in 2013 and 2014. they say they'll do it regardless of whether the company is profitable. starbucks entered the british market in 1998. the chain now has over 700 outlets across the country. but the company posted a profit only once since then, and its official paid no corporate tax for the last three years. starbucks officials said they haven't turned a profit because of high rents and brand royalties paid to their amsterdam-based group firm. tax rates in the netherlands are lower than in britain. they say they will pay more tax in the two years than is required under british law. >>> the asian development bank has raised this year's outlook for five emerging economies. its board members cite strong growth in southeast asia, especially in the philippines and malaysia. the bank's board memb
Dec 6, 2012 4:00am PST
. layoffs for thousands of workers. >>> but things are looking up, though, for starbucks, which announces major expansion plans. ready to open two stores every day. >>> and later in "the pulse," a special view of the planet we call home sweet home. >>> welcome back, everyone. citigroup has announced plans to slash 11,000 jobs. it's part of its cost-cutting plan aimed at shrinking the company down to a more manageable and profitable size. more than half the cuts will come from consumer banking. and they are expected to save $900 billion over the the next year. investors seem impressed because citi stocks rose more than 6%. >>> wall street had a pretty good day overall, with stocks surging for the first time this week. the dow rose 82 points yesterday, to close above 13,000. investors appeared optimistic about avoiding the fiscal cliff after president obama suggested that a deal could be reached in about a week. >>> the government issues a new warning about reverse mortgages. those are mortgages that give senior citizen homeowners an immediate cash payment in exchange for future e
Dec 27, 2012 4:00am PST
, how starbucks is getting involved in negotiations to avoid the fiscal cliff. >>> and later, one man's priceless reaction as he opens his christmas gift. the video has gotten millions of views already. now, his family is sharing the inside story with us. >>> welcome back. toyota has agreed to one of the largest settlements in history, involving auto defect claims. the company has okayed a $1.1 billion deal to settle a class-action lawsuit involving complaints that vehicles unintentionally accelerated. owners of about 18 million vehicles are covered by the settlement, which still needs approval from a federal judge. >>> the year is ending on a high note for the housing market. nationwide home prices are on track to put up their first annual gains in six years. the latest numbers show home prices in the 20-biggest cities jumped 4.3% in october. that's compared to a year ago. and the standard & poor's case schiller report shows, since january, prices are up 6.9%. >>> it's a different story for holiday sales, which are turning out to be the weakest since 2008. one retail report says
Dec 5, 2012 11:00pm EST
can't comment on individual sellers or buyers, but we will look into this. >>> starbucks has the ultimate gift for the coffee lover. >> and there's a new way to watch disney movies, shawn yancy with your fox 5 top five. >> up first tonight, brian, the perfect holiday gift for the serious coffee drinker in your life. no. 5, starbucks is offering a limited etched steel gift card. the $450 card includes gold level benefits like gifts and freebies, refills on brewed coffee and tea. starbucks will only make 5,000 of these special cards and you can only buy them on the website starting friday. no. 4, netflix is teaming up with disney giving the movie service exclusive rights to run disney's movies first. the deal will cost the company more than $300 million a year. no. 3, a heads up to parents if you have a nap nanny or nap nanny chill infant recliner. the consumer product safety commission filed a complaint against the company saying five infants have died due to defects in the design, warnings and instructions of the second generation of both devices. no. 2, the coating on
Dec 10, 2012 4:00am PST
, they certainly will take it." but at starbucks, the world's largest coffee chain, a spokesman said there's been no company statement released about the brazilian crop and added: "coffee commodity prices are only one component in the equation." the chain is expanding. it plans to open 2400 starbucks in china and the u.s. within two years. "overall, there's going to be coffee available. that'll help you on pricing, so it might be a good time to be expanding." starbucks' expansion plans aren't only meared number of shops. in the last 12 months, its acquired juice company evolution fresh, bakery la boulange, and is about to finalize acquisition of tea company teavanna. tensions remain high in michigan's capitol city, where legislation is about to be passed that could weaken the power of unions. protestors are furious. republican lawmakers moved quickly last week to enact "right to work legislation," allowing workers at unionized companies not to pay dues to the union, which reduces bargaining power right in the uaw's own back yard. the measure has already been approved by both chambers
Dec 6, 2012 4:00am PST
factory would be "too costly." walmart is declining comment. starbucks plans do for tea what it did for coffee. the coffee chain is going supersize by opening 20,000 more cafes by 2014, with much of the growth coming from china. 1500 stores will open in the u.s. alone in a span of 5 years. and now with the recent acquisition of teavana, starbucks will eventually open "tea bars" in shopping malls. for serious coffee drinkers, starbucks is offering a stainless steel gift card starting at $400 friday morning. citigroup is transitioning to a smaller workforce. the bank is cutting 11,000 jobs, which will save citi $900 million next year. cuts were rumored following former ceo vikram pandit's departure from the bank. citi chairman michael o'neill has been known to cut staff to turn business around. the bank has been trying to rebound after being hit hard during the financial crisis. worldwide, 84 branches will close as a result of the measures. a trader is under arrest, allegedly for attempting to get rich quick by trading shares of apple. according to reports, david miller was trading at roc
Dec 7, 2012 7:00pm PST
august. >>> starbucks executives will pay 20 million pounds in corporate tax to the british government. lawmakers are accusing the u.s. coffee chain of tax avoidance. officials of the chain announce it will pay 10 million pounds, or about $16 million each year in 2013 and 2014. they say they'll do it regardless of whether the company is profitable. starbucks entered the british market in 1998. the chain now has over 700 outlets across the country. but the company posted a profit only once since then, and its official paid no corporate tax for the last three years. starbucks officials said they haven't turned a profit because of high rents and brand royalties paid to their amsterdam-based group firm. tax rates in the netherlands are lower than in britain. they say they will pay more tax in the two years than is required under british law. >>> the asian development bank has raised this year's outlook for five emerging economies. its board members cite strong growth in southeast asia, especially in the philippines and malaysia. the bank's board members revised their estimate from 5.6% in
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